Note : All services charges are exclusive of GST. w.e.f. 20.06.2019 GST at applicable rate i.e. 18.00% ( at present ) of service charges will be levied extra on these service charges.

  • Door Step Banking

    The charges for each service of Doorstep banking is Rs 75 plus applicable GST.

  • Deposit and Allied Services
    Sr. No. Area of Banking Service Revised Service charges ( Excluding GST) w.e.f. 01.07.2020
    1 Ledger Folio Charges Applicable to CA ( including RRBs), & CC, OD (excluding loan against banks own deposits & Fast Access) Our charges is Rs 125/- per 25 entries (one folio) Current Accounts:-
    Av. Cr. Bal (Rs) Folios (per quarter)*
    Up to Rs 25000 All folios are chargeable
    Above Rs 25000/- to Rs 1 lac Chargeable after 2 folios
    Above Rs 1 to Rs 2 lac Chargeable after 5 folios
    Above Rs 2 to Rs 5 lac Chargeable after 10 folios
    Above Rs 5 lac Folio Charges not applicable
    Note:
    For A/cs maintained on computers, 25 entries or part thereof to be treated as one ledger page.
    Ledger folio charges to be recovered on quarterly basis.
    Excluding Transactions done through ADC in CA/CC/OD
    Transaction Charges Metro- Urban Savings Bank Accounts – ( excluding BSBD and FI accounts**)
    • Upto 50 debit entries Charges – Not applicable
    • Exceeding 50 debit entries : Rs 15/- per debit
    Following transactions are excluded.
    • Standing Instructions
    • Transactions through ADC incl. ECS
    • Auto sweep, system generated (service charge, interest etc.)
    Transaction charges to be recovered on half yearly basis at the time of half-yearly closing
    ** For BSBD and FI accounts there is no service charges
    Rural/Semi urban branches , Senior Citizen and Pensioners at any branch Savings Bank Accounts – ( excluding BSBD and FI accounts**)
    • Upto 50 debit entries Charges – Not applicable
    • Exceeding 50 debit entries : Rs 12/- per debit
    Following transactions are excluded.
    • Standing Instructions
    • Transactions through ADC incl. ECS
    • Auto sweep, system generated (service charge, interest etc.)
    Transaction charges to be recovered on half yearly basis at the time of half-yearly closing
    2

    a) Charges for issue of Duplicate Statement / Pass Book

    Individual: ( SB, Time deposits) Metro- Urban Rs100/- per Duplicate Passbook/statement with latest Balance only. Charges applicable after first passbook.
    Charges for previous entries (if required) Rs 75/- per ledger page or part thereof
    Individual: ( SB, Time deposits) Rural/Semi urban branches , Senior Citizen and Pensioners at any branch Rs 75/- per Duplicate Passbook/statement with latest Balance only. Charges applicable after first passbook.
    Charges for previous entries (if required) Rs60/- per ledger page or part thereof
    Non- Individual: ( CA/CC/OD) Rs 150/- per Duplicate statement with latest balance only (charges applicable after first statement).
    Charges for previous entries (if required) Rs 150/- per ledger page or part thereof. Note:
    For accounts maintained on computers, 25 entries or part thereof be treated as one ledger page.
    b) Issue of letter of
    acknowledgement/ duplicate TDR in case of loss of TDR
    Non Individual ( CA,CC, OD) For Letter of Acknowledgement & Duplicate TDR - Rs 175/- (in Both cases) Individual (SB, other deposits)
    Metro- Urban
    For Letter of Acknowledgement & Duplicate TDR - Rs 150/- (in Both cases)
    Rural/Semi urban branches , Senior Citizen and Pensioners at any branch
    Individual (SB, other deposits) For Letter of Acknowledgement & Duplicate TDR - Rs 125/- (in Both cases)
    3 Cheque Book
    Issuance Charges
    Savings bank account: Metro-Urban After -30- leaves in a financial year charges @ Rs 4 per cheque leaf. Savings bank account: Rural/Semi urban branches , Senior Citizen and Pensioners at any branch
    Savings Bank customer of Rural branches, Senior citizen and pensioners
    Rs.2.50 per cheque leaf
    Only two cheque books will be issued at a time
    Current/CC/OD After issuance of 1st cheque book, charges for subsequent cheque book @ Rs 5.00/- per leaf. Note: 1st Cheque book means cheque book of 50 leaves. Wherever cheque books are printed by the customer after obtaining permission of Stationary and Security Form Department, Head Office, Baroda, the cost of paper should be recovered from the customer at the rate of Rs 1000/- per 1000 leaves (over and above charges to be paid by customer directly to the printer for printing.)
    4 Opening & Maintenance of Minimum Balances Current Accounts. (CA 101)
    Individual / Non Individual
    Rural / Semi-Urban Rs 2000/-
    Urban Rs 5,000/-*
    Metro Rs 10,000/- *
    * Quarterly Average Balance
    Savings Bank Accounts. (SB 101)
    Rural Rs 500*
    Semi-Urban Rs 1000*
    Urban / Metro Rs 2000/-*
    * Quarterly Average Balance
    Baroda Basic Savings Bank account
    Zero balance
    Baroda Pensioners Savings Bank account SB 114
    Zero Balance Note: No Minimum Balance charges in SB A/cs to be recovered from employees’ institutional salary A/cs i.e. not only institutions maintaining account with the branch but also of employees whose salary is paid through SB a/cs maintained with the branch. Branches can open zero balance A/cs of such institutional employees whose salary is paid through us. Hence salary accounts to be opened / transferred to scheme code SB 113,115. If salary/pension is discontinued in these accounts, account will be transferred to SB 101 and charges will be applicable accordingly.
    5 Charges for not maintaining minimum balance

    Current Account as under:

    • 16th March to 15th June
    • 16th June to 15th September
    • 16th September to 15th December
    • 16th December to 15th March

    Saving Bank account as under:

    • 1st April to 30th June
    • 1st July to 30th September
    • 1st October to 31st December
    • 1st January to 31st March

    Current Account
    Metro

    Quarterly Average Balance (QAB) of Rs 10000/- is not maintained
    Rs 800/- per quarter
    Urban:

    Quarterly Average Balance (QAB) of Rs 5000/- is not maintained
    Rs 600/- per quarter
    Rural/Semi Urban

    Quarterly Average Balance (QAB) of Rs 2000/- is not maintained
    Rs 400/- per quarter
    SB Accounts
    Urban / Metro Rs 250 per
    quarter
    Metro/Urban
    If QAB is in the range

    Rs1500- Rs2000
    25%
    Rs 1000 - Rs 1499 50%
    Rs 500 - Rs 999 75%
    Below Rs 500 100%
    SB Accounts-
    Rural / Semi-Urban- branches,Senior citizen /pensioners at any branch Rs 125/- per quarter
    Rural
    If QAB is in the range

    Rs375- Rs500
    25%
    Rs 250 - Rs 374 50%
    Rs 125 - Rs 249 75%
    Below Rs 125 100%
    Semi-Urban
    If QAB is in the range

    Rs750- Rs1000
    25%
    Rs 500- Rs 749 50%
    Rs 250- Rs 499 75%
    Below Rs 250 100%
    Charges will not be applicable in following types of accounts Savings Bank - No frills A/c
    Baroda Basic Savings Bank account-
    Baroda Pensioner’s Savings Bank account-SB-114
    Baroda Salary Advantage Account
    For maintaining Balance Quarter is defined as under: 16th March to 15th June
    16th June to 15th September
    16th September to 15th December
    16th December to 15th March
    6 Addition / Deletion of names in Joint Accounts/Change in operational instructions (including Lockers) Savings and other deposit accounts
    Metro/Urban
    Rs 200/- per occasion Not applicable for deletion of name on account of death of customer in joint A/c.
    Savings and other deposit accounts
    Rural/Semi urban branches , Senior Citizen and Pensioners at any branch
    Rs 175/- per occasion Not applicable for deletion of name on account of death of customer in joint A/c.
    7 Nomination Not applicable for First time nomination Modification / Change in nomination – Rs 100/- per occasion
    8 Charges for Standing instructions Within the Bank - Not chargeable Rs 50/- per transaction plus applicable remittance charges in case of credits for outside the branch whether in same city or other cities i. e in other branches / Offices such as LIC etc. plus actual postage charges
    9 Charges for inability to carry out standing instructions due to insufficient balance in the account Rs 100/- per occasion.
    10 Charges for Stop Payment instructions
    (Per Instrument)
    Metro-Urban
    Savings Bank Rs100/- per instrument
    Rural/Semi urban branches , Senior Citizen and Pensioners at any branch
    Savings Bank Rs75/- per instrument
    CA/CC/OD
    All branches
    Rs 200/- per instrument

    In case of loss of complete blank cheque book

    CA/CC/OD- All branches
    In case of loss of complete blank cheque book
    Max. ceiling as below:
    C.A./C.C./OD Rs 1000
    Metro-Urban
    SB
    Savings Bank Rs 500/-
    Rural/Semi urban branches , Senior Citizen and Pensioners at any branch

    Savings Bank
    Rs 400/-
    11 Charges for Cheque returned unpaid –(Inward) Clearing / Transfer

    Charges for Cheque returned unpaid –(Outward) Clearing / Transfer

    CA/CC/OD- All branches
    Upto 1 lac Rs 150/-
    Above Rs 1 lac to less than Rs 1 crore Rs 250/-
    For Rs 1 crore and above Rs 500/-
    Cheque return due to technical reason – not at the fault of customer-in all cases No charges
    Metro-Urban (SB)

    Upto 1 lac
    Rs 125/-
    Above Rs 1 lac to less than Rs 1 crore Rs 250/-
    For Rs 1 crore and above Rs 500/-
    Cheque return due to technical reason – not at the fault of customer-in all cases No charges
    Rural/Semi urban branches , Senior Citizen and Pensioners at any branch- Savings Bank
    Upto 1 lac Rs 100/-
    Above Rs 1 lac to less than Rs 1 crore Rs 225/-
    For Rs 1 crore and above Rs 450/-
    Cheque return due to technical reason – not at the fault of customer-in all cases No charges
    CA/CC/OD- All branches (Financial Reason)
    Upto Rs 1 lac Rs 250/-
    Above Rs 1 lac to less than Rs 1 crore Rs 500/-
    For Rs 1 crore and above Rs 750/-
    In case Bank remains out of funds :; actual interest @ MCLR ( One year)+SP+6.25%) is to be charged extra (to be levied Manually) For other reasons – Rs 250/- For technical reasons- not at the fault of customer- No charges
    Metro-Urban (SB) (Financial Reason)
    Upto Rs 1 lac Rs 225/-
    Above Rs 1 lac to less than Rs 1 crore Rs 475/-
    For Rs 1 crore and above Rs 725/-
    In case Bank remains out of funds :; actual interest @ MCLR ( One year)+SP+6.25%) is to be charged extra (to be levied Manually) For other reasons – Rs 225/- For technical reasons- not at the fault of customer- No charges
    Rural/Semi urban branches , Senior Citizen and Pensioners at any branch (Financial Reason)
    Savings Bank
    Upto Rs 1 lac Rs 200/-
    Above Rs 1 lac to less than Rs 1 crore Rs 450/-
    For Rs 1 crore and above Rs 700/-
    In case Bank remains out of funds :; actual interest @ MCLR ( One year)+SP+6.25%) is to be charged extra (to be levied Manually) For other reasons – Rs 200/-
    For technical reasons- not at the fault of customer- No charges
    Charges for entries (Dr.) received through ECS and not responded:- As per cheque return charges
    12 Incidental charges for inoperative accounts Inoperative Savings Bank a/cs.All branches
    1. Account maintaining stipulated minimum balance - Nil
    No penal charges on inoperative Savings accounts where stipulated minimum balance is not maintained - as stipulated by RBI.
    For inoperative Current Account –All branches Nil charges for inoperative current account Branch should endeavor for making inoperative A/Cs into operative by follow up.
    13 Charges for issuance of Balance Certificate, at the request of customer. CA/CC/OD ( All branches) Rs 150/- per certificate Metro-Urban (SB) Rs 125/- per certificate
    Rural/Semi urban branches , Senior Citizen and Pensioners at any branch (SB) Rs 100/- per certificate
    14 Charges for issuance of Interest Certificate, at the request of customer CA/CC/OD (All branches) For Second/Additional Certificate Rs 100 per copy Metro-Urban (SB) For Second/Additional Certificate Rs 75 per copy Rural/Semi urban branches , Senior Citizen and Pensioners at any branch (SB)
    For Second/Additional Certificate Rs 50 per copy
    15 Closure of A/cs -within a year Saving Account: Metro-Urban No charges
    1. if the account is closed within 14 days of first customer induced credit into the account.
    1. No charges, if account is closed due to death of Account Holder.
    Rs 300- : if account is closed beyond 14 days but within 1 year of the first customer induced transaction. (Excluding Small Savings bank and Basic Savings Bank accounts).
    Saving Account: Rural/Semi urban branches , Senior Citizen and Pensioners at any branch No charges
    1. if the account is closed within 14 days of first customer induced credit into the account.
    1. No charges, if account is closed due to death of Account Holder.
    Rs 275/- : if account is closed beyond 14 days but within 1 year of the first customer induced transaction. (Excluding Small Savings bank and Basic Savings Bank accounts).
    Current account –All branches
    No charges
    1. if the account is closed within 14 days of first customer induced credit into the account.
    2. if account is closed due to death of Account Holder.
    3. If account closed beyond 14 days but within 1 year of the first customer induced transaction :
    Rs.800/-
    Non -Individual –RD/YSJY -All branches 150/-
    Closure of Account due to death of Account Holder – No Charges
    Individual - RD/YSJY
    Metro-Urban
    Rs.100 Closure of Account due to death of Account Holder – No Charges
    Individual - RD/YSJY
    Rural/Semi urban branches , Senior Citizen and Pensioners at any branch
    Rs.80/-
    Closure of Account due to death of Account Holder – No Charges
    16 Issue of Solvency Certificate
    Commercial Rs 500 per lac
    Min. Rs 1500/- Max.
    Rs 25000/-
    Current /CC/OD- All branches
    NOTE:
    For issuance of capacity certificate for obtaining VISA for educational purpose for students- only 50% of the charges as mentioned above subject to maximum Rs 2500/-
    Non commercial Rs 300
    per lac
    Min. Rs 1000/-
    Max. Rs 15000/-
    Savings Bank
    Charges for issuance of Bankers Certificate on behalf of contractor clients for participating in the Government tender. Rs 1000/- per certificate
    17 Opening accounts with restrictive operations
    Current, Cash Credit, Over Draft Account One time at the time of acceptance of instruction or at the time of modification Rs 500/-

    Savings Bank Account

    Rs 100/-
    18 Allowing operations in an a/c through a) Power of Attorney b) Mandate One time charges at the time of acceptance/modification of instructions.

    Savings Bank Accounts Rs 500/-
    Current, Cash Credit, Over Draft Account Rs 1000/-
    19 Change of authorized signatory including reconstitution of A/c. Current, Cash Credit, Over Draft Account Rs 250/- per change
    20 Copy of original of cheque / DD (paid by the Bank) Rs 100 upto 6 months old record
    Rest - Rs 250
    No change
    21 Penalty on late payment of installment on RD account Irrespective of tenure uniform rate of Rs 1.0 per Rs 100/- per month across the board. If instalment is paid in subsequent month there should not be any penalty
  • Collection
    Sr.No. Area of Banking Service Revised service charges excluding GST w.e.f. 01.07.2020
    1 Collection of outstation cheques (By sending cheques physically)
    1. Through our bank’s branches
    Charges are mandated by RBI- At all branches
    CHARGES MANDATED BY RBI w.e.f. 30.03.2012
    Upto Rs 5,000/- Rs 25/-
    Above Rs 5,000/- and upto Rs 10000/- Rs 50/-
    Above Rs 10,000/- to Rs 1/- Lac Rs 100/-
    Above Rs 1 Lac to Rs 5 Lac Rs 200/-
    Above Rs 5 Lac to Rs 10 Lac Rs 225/-
    Above Rs 10 Lac Rs 250/-
    Above charges are exclusive of out of pocket expenses i.e. postages /courier extra. Note:
    Discretion to Branch Manager to charge upto 50% on adhoc basis within the overall limit of our charges in deserving cases.
    B) Direct through other banks i.e. instruments drawn at a centre where we have no branch. Above Charges are to be shared on 50:50 basis between collecting bank and paying bank and proceeds should be remitted through RTGS /NEFT to other bank.
    2 Cheques collected through our branch for another bank For Immediate credit of outstation cheques -- Our usual collection charges should be recovered in full
    Outstation Cheque return charges 50% of collection charges
    Collection of other Banks deposits / receipts on maturity If proceeds are invested in FD then no charges. Else flat – Rs 50/-
    3. Collection of Bills (Clean / Doc.-Demand & Usance)
    1. Applicable to IBCs
    Bills for Amount :
    Upto Rs 1/- lac Rs 12- Per Rs 1000/- or part thereof subject to Minimum Rs 100/-
    Above Rs 1 lac upto Rs 10/- lacs Rs 11/- per Rs 1000/- or part thereof subject to Minimum Rs 1200/-
    Above Rs 10/- lacs Rs 10/- per Rs 1000/- Min. Rs 10,000/- & Max. Rs12,000/-
    Postage/Courier is to be recovered on actual basis in higher multiple of Rs 5/-
    b) Applicable to OBCs Bills for Amount
    Upto Rs 100000/- Rs 10/- per Rs 1000/- or part thereof subject to minimum Rs 100/-
    Above Rs 1 lac upto Rs 10/- lacs Rs 9/- per Rs 1000/- or part thereof subject to a min. of Rs 1000/-
    Above Rs 10/- lacs Rs 8/- per Rs 1000/- Min. Rs 9,000/- & Max. Rs 15,000/-
    Postage/courier is to be recovered on actual basis in higher multiple of Rs 5/-
    4 Handling charges for bills returned unpaid.
    Local
    Outstation
    Rs 100/- per instrument 50% of the collection charges subject to a min. Rs 200/- Note: Postage/courier is to be recovered on actual basis in higher multiple of Rs 5/-.
    5 Charges for presentation of usance bills Rs 100/- per bill. (Also in cases of BP/BD – where there is a change in instructions
    6 Change of original instruction in respect of OBC/ IBC e.g.
    1. Delivering free of payment
    2. waiving 'c' form etc
    3. Allowing rebate
    4. Extending time for retirement
    Rs 100/- per request
  • Remittances

    1. Charges at Branch against RTGS and NEFT charges mentioned under section Service charges & Fees

    Sr. No. Area of Banking Service Revised service charges ( excluding GST) w.e.f. 01.07.2020
    1. Issuance of DD/BC Individual- Upto Rs 1 lac Semi-Urban/Rural, Sr.Citizen and Pensioner at any branch
    Individual- Upto Rs 1 lac Metro-Urban
    Upto Rs 5000/- Rs 40/-
    Above Rs 5000/- to 25000/- Rs 60/-
    25001 to Rs 1 lac Rs 3/- per thousand or part thereof
    Minimum Rs 40/- maximum Rs 300/-
    Above Rs 1 lac Rs 4/- per thousand or part thereof. Minimum Rs 400/- and Maximum Rs 15000/-
    Upto Rs 5000/- Rs 30/-
    Above Rs 5000/- to 25000/- Rs 50/-
    25001 to Rs 1 lac Rs 2.50/- per thousand or part thereof Minimum Rs 30/- maximum Rs 250/-
    Above Rs 1 lac Rs3.50/- per thousand or part thereof. Minimum Rs 350/- and Maximum Rs 15000/-
    Non- Individual upto Rs 1 lac ( all branches)
    Upto Rs 5000/- Rs 50/-
    Above Rs 5000/- to Rs25000/- Rs 75/-
    Rs25001 to Rs 1 lac Rs 4/- per thousand or part thereof Minimum Rs 50/- maximum Rs 400/-
    Above Rs1 lac Rs 5/- per thousand or part thereof.
    Minimum Rs 500/- Maximum Rs 15000/-

    2. Cancellation of DD/ Bankers' cheque and/ Issue of fresh DD/ Bankers' cheque in lieu of lost one.-Duplicate DD/BC

    Individual
    Up to Rs 500/- NIL
    Above Rs 500/- Rs 75/- per instrument
    In case of lost instrument
    Up to Rs 500/- Rs 20/-
    Above Rs 500/- Rs 175/- per instrument

    Non Individual


    Up to Rs 500/-
    Rs.20/-
    Above Rs 500/- Rs 100/- per instrument
    In case of lost instrument
    Up to Rs 500/- Rs 30/-
    Above Rs 500/- Rs 200/- per instrument

    3. Against tender of cash for any mode of remittance-50% plus higher charges over floor rates

    Remittance of fund

    Product Particular Service Charges

    NEFT

    Service Charges through Digital Channels (excluding GST) Service Charges through Branch (excluding GST) w.e.f. 20.06.2019
    SB account NIL NIL
    Other than SB accounts Revised w.e.f. 01.01.2020
    upto Rs 10,000/- Rs 2.25 Rs 2.25
    Rs 10,001/- to Rs 1,00,000/- Rs 4.75 Rs 4.75
    Rs 1,00,001/- to Rs 2 Lac/- Rs 14.75 Rs 14.75
    Above Rs 2 Lac Rs 24.75 Rs 24.75

    through RTGS

    As per RBI circular RBI/2011-12/166-DPSS(CO)RTGS No. 388/04/04/.002/2011-12 dated 05.09.2011As per RBI guidelines

    1. On all RTGS Transactions (INWARD)--- NIL
    2. Outward charges
    Product Particular

    Service Charges

    RTGS

    Service Charges through Digital Channels (excluding GST) Service Charges through Branch (excluding GST) w.e.f. 20.06.2019
    Rs 2 Lacs to Rs 5 Lacs Rs 24.50/- Rs 24.50/-
    Above Rs 5 Lacs Rs 49.50/- Rs 49.50/-

    5.Payment of Fixed deposit to other bank - Remittance charges as applicable plus out of pocket expenses

  • Miscellaneous Services
    Sr. No. Area of Banking Service Revised service charges ( excluding GST) w.e.f. 01.07.2020
    1

    Safe Custody Charges

    Sealed Covers: Rs 350/- per cover per annum or part thereof. (4” x 12,- thickness x 1/2”)
    More than the above size, charges as applicable for sealed boxes
    Sealed boxes – Rs 3000/- per box per annum (size 200 cubic inch)

    Bank’s own Deposit Receipt : No charges

    2

    Service Charges for handling scrips

    As per discretion of Regional Manager

    3

    Attestation of customer’s signature

    Non Individual /Joint accounts
    Rs.150/- per instrument/occasion
    Individual, Senior Citizen, Pensioners at any branch Rs.100/-

    4

    Inquiries relating to old records.

    More than 3 months to 12 months old

    Rs 100/- per item

    More than 12 months to 3 years old

    Rs 300/- per item

    Above 3 years upto 7 years

    Rs 500/- per item

    Above 7 years

    Rs 1000/- per item

    5

    Photo attestation

    Rs 150/- per photo /occasion

    6

    Cash Handling Charges-FOR CASH DEPOSIT
    (Applicable to base branch, Local Non-base branches)

    For CA/OD/CC/Other Accounts:(Base and local Non base branch)

    Beyond Cash Deposit of Rs. 50000/- Or above 10 packets i.e. 1000 pieces of notes of any denominations taken together,whichever is higher charges will be levied as under – Above 10 packets – i.e. 1000 pieces of notescharges will be levied @ Rs.10/- per packet or a part thereof. (Min. Rs.10/- Maxi. Rs.10000/- .(per day per txn

    Savings bank account- (Base and local Non base branch)

    Metro-Urban**

    Cash Deposit – Chargeable Beyond5 transactionsin a month (excluding Alternate Channel transaction) -Rs 50/- per transaction

    Savings Bank accounts Rural /Semi Urban branches , Pensioner and Senior Citizen At any branch**

    Cash Deposit – Chargeable Beyond 5 transactions in a month (excluding Alternate Channel transaction) -Rs 40/- per transaction

    (In case of cash aggregatingRs 50000/- or more deposited with the bank during any one day, customer is required to quote his/her PAN or submit form 60)
    **For BSBD and FI accounts there are no service charges for cash deposit )

  • Locker Service Charges
    Revised service Charges (Excluding GST) w.e.f. 20.06.2019
    Class of locker Metro/ Urban Semi- Urban/ Rural
    A 1500 900
    B 2000 1000
    D 2800 1500
    C 3000 1700
    E/H-1 4000 2200
    G 7000 5500
    F 7000 5500
    H 7000 5500
    L1 10000 8000
    L 10000 8000

    NOTES :

    1. In case of breaking open of the locker, Rs 1000/- to be recovered as incidental charges over and above actual cost incurred for the same.
    2. Penalty for late payment of locker rent (from the due date) be levied as under:

    -- Where annual locker rental is up to Rs 3000/-
    - Rs 200/- for first -3- months thereafter Rs 50/- p.m.

    -- Where annual locker rental is above Rs 3000/-
    - Rs 500/- for first -3- months thereafter Rs 100/- p.m.

    When the rent is paid in advance for -3- years 10% discount may be allowed to General Public.

    However, 20% discount in locker rent in case of Premium current account and Premium current account privilege customers if rent is paid in advance for a period of three years and above.

    CHARGES FOR LOCKER OPERATIONS MORE THAN 12 TIMES A YEAR – Rs 100/- PER OCCASION (FOR GENERAL PUBLIC)

    Rent in advance can be accepted for maximum three years only
  • Inter-SOL Charges
    Sr. No. Area of Banking Service Revised service charges ( excluding GST) W.e.f. 01.07.2020
    1 CASH DEPOSIT
    Savings bank account- (Base and local Non base branch)
    CA/CC/OD/others : (Outstation Branch)

    Savings bank account- (Base and local Non base branch)

    Metro-Urban**

    Cash Deposit – Chargeable Beyond5 transactionsin a month (excluding Alternate Channel transaction) -Rs 50/- per transaction

    Savings Bank accounts Rural /Semi Urban branches , Pensioner and Senior Citizen At any branch**

    Cash Deposit – Chargeable Beyond 5 transactions in a month (excluding Alternate Channel transaction) -Rs 40/- per transaction

    (In case of cash aggregatingRs 50000/- or more deposited with the bank during any one day, customer is required to quote his/her PAN or submit form 60)

    **For BSBD and FI accounts there are no service charges for cash deposit

    CA/CC/OD/others : (Outstation Branch) ( Chargeable in case of cash deposit in excess of Rs 25000/- per day per account at Rs 2.50 per thousand or part thereof at outstation branch

    2 CASH WITHDRAWAL

    (Base branch, local non base branch and outstation )

    Cash Withdrawals: (Base , local non base and outstation branch)

    CA/CC/OD

    Beyond Firstfivetransactions per month (excluding withdrawals from ATM) charges of Rs. 150/- per transaction.

    Savings bank-

    Metro-Urban branch**

    Beyond Firstfivetransactions per month (excluding withdrawals from ATM) charges of Rs.125/- per transaction.

    Savings Bank- Rural/Semi-Urban branches and Senior citizen, pensioner at any branch**

    Beyond Firstfivetransactions per month (excluding withdrawals from ATM) charges of Rs.100/- per transaction.

    However, Maximum withdrawal allowed at outstation branch is Rs 50000/- per day to the account holder only.

    **For BSBD and FI accounts there are no service charges

    Note:
    1.Inter SOL cash payments to third parties is totally withdrawn
    2. Per day per transaction limit of Rs 50000 /- is fixed for cash withdrawal by drawer by self cheque (through withdrawal up to Rs 25000/- - SB Account without cheque book facility) at Non Base CBS branches irrespective of nature of accounts. Passbook should accompany with Withdrawals

    Note:

    .Inter SOL cash payments to third parties is totally withdrawn
    2. Per day per transaction limit of Rs 50000 /- is fixed for cash withdrawal by drawer by self cheque (through withdrawal up to Rs 25000/- - SB Account without cheque book facility) at Non Base CBS branches irrespective of nature of accounts. Passbook should accompany with Withdrawals

  • General
    Sr. No. Area of Banking Service Revised service Charges
    (Excluding GST) w.e.f. 20.06.2019
    1 APPLICABLE TO ALL ABOVE SERVICES/ ACTIVITIES) Postal & Telecommunication TARIFF a) Ordinary Post – Actual, subject to Min. Rs 15/-
    b) Registered / Speed Post/courier – Actual, subject to Min. Rs 75/-
    c) Fax - Actual, subject to Min Rs 60/-.
    Courier Charges Rs 75- per instrument per occasion, unless otherwise specified to the contrary.
    2 Higher Service charges for non customers of the Bank. For all banking services to non-customers of the Bank, service charges shall be 50% higher than the floor rates, across the board plus Taxes
    3 Definition of Floor rates Floor rates shall mean rates of service charges fixed by our bank as detailed in this circular.
  • Forex Related Charges

    Sr. No.

    Services

    Revised Charges w.e.f. 10.02.2020

    1

    Bill purchased/discounted/negotiated

    • Foreign Currency Export Bill

    Bill amount below equivalent USD 25000.00 –
    Rs. 1000.00
    Bill amount equivalent to USD 25000.00 and above–
    Rs. 1500.00
    (Additionally Rs. 100.00 per shipping bill to be charged if the more than one shipping bill is submitted under a single export bill.)

    • Rupee Export Bill

    Bill amount below equivalent USD 25000.00 –
    Rs. 1000.00
    Bill amount equivalent to USD 25000.00 and above–
    Rs. 1500.00
    (Additionally Rs. 100.00 per shipping bill to be charged if the more than one shipping bill is submitted under a single export bill.)

    2

    Forwarding export documents to another bank due to reason such as LC being restricted to the latter or the LC have been confirmed by that bank.

    Rs. 1000.00 per bill
    Additionally Rs. 100.00 per shipping bill to be charged if the more than one shipping bill is submitted under a single export bill.

    3

    Where reimbursement under a Letter of Credit is claimed by the bank with another Authorized Dealer in India

    Rs. 500.00 per claim

    4

    For joining customer’s guarantees and giving guarantee on behalf of customers in respect of discrepant documents.

    Proposed to be discontinued as not applicable

    5

    Commission in lieu of exchange
    => Transfer of letters of credit
    => Amendments

    Serial no 5 Discontinued as
    Already mentioned in Sr.No.23 i.e Rs. 1000/- per transfer and subsequent amendments

    6

    For each Export bill sent for Collection

    --Bill amount up to equivalent USD 5000.00 – Rs 250.00
    -Bill amount equivalent to USD 5001.00 to USD 25000– Rs 750.00
    -Bill amount beyond equivalent USD 25000.00 – 0.0625 % subject to maximum of Rs. 2000/-

    Additionally Rs. 100.00 per shipping bill to be charged if the more than one shipping bill is submitted under a single export bill.

    7

    If the entire sets of export documents have been sent by the exporter directly to the overseas buyer after complying with Exchange Control formalities.
    - For each export bill sent for collection by exporter against which advance payment already received

    Bill amount up to equivalent USD 5000.00 – Rs 250.00
    -Bill amount equivalent to USD 5001.00 to USD 25000– Rs 500.00
    -Bill amount beyond equivalent USD 25000.00 – Rs 1200.00

    Additionally Rs. 100.00 per shipping bill to be charged if more than one shipping bill is submitted under a single export bill.

    8

    For each export bill sent for collection against which advance payment already received.

    • a- Full bill amount received in advance
    • b-Part Bill amount received in advance and remaining on collection basis

    Discontinued
    Included in Section XI Sr.No. 7 of Circular dated 15.06.2019

    9

    In case of each overdue export bill, sent on collection where the proceeds are not received in NOSTRO account on or before the due date and in case of each overdue export bill purchased/discounted/negotiated/ and subsequently treated as collection item after crystallization.

    Rs. 500.00 per bill on quarterly basis after the due date and upto the date of realization (Overdue charges will be recovered at the end of every quarter. However, pro rata charges to be taken in first quarter and in the quarter when bill is realized)

    9a - Advance Remittances against exports

    Rs.200/- per remittance

    10

    Charges for issuance of export related certificates

    Rs. 100.00 per certificate

    11

    Issuance of NOC for discounting export Bills with other bank

    Rs. 1000.00 per bill

    12

    Net off/Set off of export bills against import of goods (For Per shipping Bill)
    Other than these charges, no Bill collection charges to be recovered.

    Rs. 1000.00 per shipping bill.

    13

    Approval for extension of due date
    (Other than Applicable normal charges)

    -Extension of due date up to 270 days from shipping bill date – Nil
    -Extension of due date beyond 270 days from shipping bill date – Rs.1000/- per extension

    14

    Issuance of GR waiver Certificate

    Rs. 500.00 per certificate

    15

    Approval for write-off of export bills
    (Other than overdue charges)

    -Write-off of export bills against Bank charges- Nil
    -Self Write-off of export bill by exporter- Nil
    -Others- Rs.1000 per shipping bill

    16

    Late submission of documents (after 21 days from the date of shipment)
    (Other than normal applicable charges for collection and overdue)

    -Submission of documents beyond 30 days and up to 3 months - Rs.100 per shipping bill
    -Submission of documents beyond 3 months - Rs.500 per shipping bill

    17

    Crystallization charges for export bills purchased/discounted at the time of crystallization.

    Rs. 1000.00 per bill

    18

    Advising Letter of Credit for the Our bank’s clients

    Rs. 1000.00 per LC

    19

    Advising Letter of Credit for the other-Bank clients

    Rs. 2000.00 per LC

    20

    Advising of Amendment for Our Bank’s clients

    Rs. 600.00 per amendment

    21

    Advising of Amendment for Other-bank clients

    Rs. 600.00 per amendment

    22

    LC confirmation charges where LC opened in favour of Indian Exporter

    a.Sight :
    - 0.25% for the first quarter
    - 0.15% p.m. thereafter
    (Min. Rs. 1500.00)
    - For LC amount exceeding INR 5.00 crore commission @ 0.50% per annum
    (These charges i.e. @ 0.50% p.a. are applicable on the entire LC amount whenever the LC amount exceeds Rs. 5 crore)
    - Charges will be calculated from the date of opening of LC to the date of expiry of LC.
    b.Usance:
    -1.5% p.a. (Min. Rs. 2000.00)
    - For LC amount exceeding INR 5.00 crore commission @ 0.40% p.a.
    - Charges will be calculated from the date of opening of LC to the date of expiry of LC plus the usance period
    (These charges i.e. @ 0.40% p.a. are applicable on the entire LC amount whenever the LC amount exceeds Rs. 5 crore)

    Charges applied for actual number of days per annum basis.

    23

    Transfer of Letter of Credit

    Rs. 1000.00 per transfer and subsequent amendment

    24

    For establishing an Import Letter of Credit/ Revolving Letter of Credit/ Letter of Credit covering imports of goods on deferred payment terms/ Back to Back letter of credit and Reinstatement charges (upon the reinstatement under a Revolving letter of Credit)

    a.Sight
    - 0.35% for the first quarter
    - 0.15% p.m. thereafter
    (Min. Rs. 1500.00)

    • Usance
    • 1.5% p.a. or part thereof
    • For LC amount exceeding INR 5.00 crore commission @ 0.40% p.a. or part thereof.

    (Min. Rs. 2000.00)
    (These charges i.e. @ 0.40% p.a. are applicable on the entire LC amount whenever the LC amount exceeds Rs. 5 crore)

    Charges applied for actual number of days per annum basis.

    25

    In case of a Letter of Credit established against 100% cash deposit as Security.

    25% of the charges as mentioned in Serial No 24

    26

    STANDBY LETTER OF CREDIT

    Discontinued
    Included under point 81

    27

    Extension of validity of LC

    Rs.1000/- per amendment plus charges applicable as per point 24

    28

    In case of enhancement of value of credit

    Rs.1000.00 per amendment
    In case of enhancement of the value of a letter of credit, charges as per point No. 24 for establishing a letter of credit shall be recovered for the additional amount, for the remaining period.
    In case of both enhance of value of Credit and extension of validity for a particular LC at a time, amendment charges will be recovered for one event. Other charges shall be recovered as per norms.

    29

    In case of amendment extending the tenor of the Bills of Exchange

    Rs.1000.00 amendment charges In the case of amendment altering the tenor of the Bill of Exchange, additional charges as per point no 24 shall be collected on the outstanding liability under the LC

    30

    Amendment other than extension of validity or enhancement of tenor of the bill of exchange

    Rs.1000.00 per amendment.

    31

    For revival of expired LCs within 3 months for the date of expiry

    Any revival or reinstatement of an expired LC shall be at the option of the bank but within 3 months from the date of expiry and shall be subject to recovery of charges as per point 24 from the date of expiry upto the validity period of the revival Letter of Credit.

    32

    Letter of Comfort issued for availing Buyer’s Credit

    Facility Discontinued as of now as per RBI directives.

    33

    Deferred Imports
    Commission on Letter of Credit covering import of goods on deferred payment terms involving payments beyond a period of six months from the date of shipment over a period of time as defined in Exchange Control.

    LC Amount

    % per quarter

    Upto 1 crore

    0.25

    >1 crore upto 5 crore

    0.18

    >5 crore

    0.10

    Calculated on the amount of liability under such credit at the beginning of every quarter.

    Note: Charges will be recovered as mentioned above on the basis of LC amount coming under the particular slab. (For example, if LC amount is Rs. 4 crore, then charge will be @ 0.18% on entire amount.)

    34

    If the validity period of a Letter of Credit covering import on deferred payment terms is extended.

    Flat amendment commission of Rs. 750/-, However, for any amendment extending the validity of the letter of Credit beyond 3 month period, commission at the applicable rate shall be recovered.

    35

    Amendment Enhancement

    When the amount of an import letter of credit covering import on deferred payment terms is enhanced, commission at the applicable rate shall be recovered on the amount so enhanced. Note: For purposes of levying charges under this Rule value of each enhancement will ordinarily be considered separately without adding it to the outstanding liability of the letter of credit. However, branches may, at their discretion “add” the value of enhancement to outstanding liability of the letter of credit for purpose of levying charges depending upon the circumstances of each case.

    36

    Credit Opinion Report

    Actual cost of report

    37

    Shipping Guarantee for clearance of goods pending production of bill of lading.

    1. Relating to imports under LCs opened by the banks

    1. In all other cases
    1. Documents under LC:

    Flat Rs. 1000.00 per Shipping Guarantee

    1. In all other cases:

    0.05% p.m. for the period of guarantee, Minimum Rs. 1000.00

    38

    Foreign currency Import bills under LC at the time of crystallization or retirement whichever is earlier
    ( where exchange benefit accrues)

    0.125% of the bill amount-
    Minimum of Rs. 1000.00 – Maximum Rs. 25000.00

    39

    Foreign currency bills under LC where no exchange benefit accrues

    0.25% of the bill amount.
    Minimum of Rs. 1000.00 – Maximum Rs. 30000.00

    40

    Discrepancy charges in case of non-confirming documents under LC

    USD 50, EUR 50, GBP 50, JPY 5000 for LCs issued in USD, EUR, GBP and JPY; respectively. For all other currencies equivalent to USD 50.

    41

    Import bill (not under LC) drawn in foreign currency on which bank earns exchange benefit.

    0.15% of the bill amount.
    Minimum of Rs. 1000.00 – Maximum of Rs. 25000.00

    42

    Import bill (not under LC) drawn in rupees and in foreign currency on which bank earns no exchange benefit.

    0.30% of the bill amount.
    Minimum of Rs. 1000.00 – Maximum of Rs. 50000.00

    43

    For foreign currency import bill required to be forwarded to another bank required for remitting proceeds to the remitting bank abroad

    Rs. 1000.00 per bill as handling charges

    44

    For each bill received by importer directly from the overseas exporter/bank at the time of effecting remittance.
    Where exchange benefit accrues to the bank

    0.125% of the bill amount.
    Minimum of Rs. 1000.00 – Maximum of Rs. 10000.00

    45

    For each bill received by importer directly from the overseas exporter/bank at the time of effecting remittance.
    Where no exchange benefit accrues to the bank

    0.20% of the bill amount.
    Minimum of Rs. 1000.00 – Maximum of Rs. 25000.00

    46

    Import documents covering project imports under Inter-Government Aid Scheme and Schemes (including projects those financed by International Agencies like World Bank, IMF, ADB etc.) where no LC is opened.

    To be charged as applicable on import bills as per point no. 41, 42, 44 and 45.

    47

    If foreign currency remittances are received in advance from the overseas buyer, and the specific request of merchanting trade customer hold the foreign currency funds in their Nostro A/C without converting the amount into Indian Rupee till the date of payment to the overseas supplier & the bank would not apply buying and selling rate of exchange.
    Serial 41

    Discontinued
    ( We have charged for Merchanting Trade transaction separately)

    48

    Issuance of Delivery Order pending receipt of Import Bill ( document not under LC)

    Rs. 1000.00 per delivery order.

    49

    Advance remittance against imports
    Where exchange benefit accrues to the bank

    0.15% of the remittance amount.
    Minimum of Rs. 500.00 – Maximum of Rs. 10000.00

    50

    Advance remittance against imports
    Where no exchange benefit accrues to the bank

    0.20% of the remittance amount.
    Minimum of Rs. 1000.00 – Maximum of Rs. 15000.00

    51

    Net off/Set off of import bills against export of goods.
    Other than these charges, no Import Bill collection charges to be recovered.

    Rs. 2000.00 per bill.

    52

    Custody charges for overdue import bills

    Rs. 500.00 per bill per quarter or part thereof, after the due date.
    (Overdue charges will be recovered at the end of every quarter. However, pro rata charges to be taken in first quarter and in the quarter when bill is realized)

    53

    Follow up for submission of BOE

    1. Advance remittance for Import - Rs. 1000.00 if the BOE is not submitted within 180 days from the date of last remittance.
    2. Payment against Import Bill- Rs.1000 per bill of entry if not submitted within 90 days from the date of remittance.
    (Charges to be recovered at the time of submission of Bill of Entry)

    54

    Merchanting trade transactions for Import transaction
    (Other than applicable charges for import bill i.e. collection charges, overdue charges, etc.)

    Flat Rs. 500.00 per import bill

    55

    Counter signing/ Co-acceptance/ Availisation of Import bills

    0.085% per month for the tenor of bills subject to minimum of 0.25%.

    56

    Recovery of commission in lieu of exchange on import bills payment of which are settled out of foreign currency loans arranged abroad, foreign currency accounts and EEFC accounts

    Discontinued.
    No commission in lieu of exchange to be charged in case import bills (under LC or otherwise) are realized out of foreign currency loans arranged abroad/ buyers credit.

    No extra charge to be taken in case of EEFC funds too.

    57

    IMPORT BILLS FOR COLLECTION
    Usually in respect of foreign currency collection bills the bank shall be entitled to exchange and commission. If for any reason the bank is required to forward the documents to another bank which will be required to remit the proceeds to the remitting bank abroad.

    Discontinued.
    Already covered under point no 43

  • Mortgages & Retail Asset
    Sr. No. Area of Banking Service Service Charges
    (Excluding GST) w.e.f. 20.06.2019

    1

    Baroda Home Loan &
    Baroda Home Improvement Loan

    Slab wise

    Upto Rs 50 Lacs
    0.50% of Loan amount:
    Minimum: Rs 8,500/- (Upfront)
    Maximum: Rs 15,000/-

    Above Rs 50 Lacs
    0.25% of Loan amount:
    Minimum : Rs 8,500/- (upfront)
    Maximum: Rs 25,000/-

    The above charges are unified processing charges which includes inspection, valuation and legal fees

    For staff members:
    Actual Charges for Advocate / Valuers / CERSAI / ITR verification (if any) only to be recovered.

    The above charges are for all categories of borrowers under Home Loans.

    2

    Baroda Home Loan Top Up

    0.35%
    Minimum: Rs 5,000/- (upfront)
    Maximum: Rs 12,500/-

    3

    Takeover of Home Loan
    (Resident /NRI/PIOs)

    Flat: Rs 8,500/- (upfront)

    4

    Pre Approved Home Loan (In Principal Sanction)

    0.25% - 0.50%

    Rs 8,500/- (upfront).
    If the borrower submits the property documents with in the validity period of pre- approval letter, balance amount of unified processing charges as applicable to Home Loan only will be recovered from the borrower.

    5

    Baroda Ashray
    (Reverse Mortgage Loan)

    0.20%
    Upfront Charges: Rs 8,500/-
    Maximum Rs 10,000/-

    6

    Baroda Advance Against Gold Ornaments / Jewellery

    0.50%
    Minimum: Rs 500/-
    Maximum
    Loan upto Rs 5.00 Lakhs: Rs 2500/-
    Loan above Rs 5.00 Lakhs: Rs 3500/-

    7

    Baroda Traders Loan
    (including Baroda Traders Gold Card scheme)

    OD: 0.35%
    TL: 0.50%

    Minimum: Rs 8,500/- (Upfront) per property

    8

    Baroda Loan to Doctors

    0.35%
    Maximum Rs 15000/-

    9

    Baroda Advance Against Securities

    Rs 500/-
    (No other charges)

    Staff/ Ex-Staff: No Charges

    10

    Baroda Car Loan

    0.50% of Loan amount
    Minimum: Rs 2,500/-
    Maximum Rs 10,000/-

    11

    Baroda Two Wheeler Loan

    2% of Loan amount,
    Minimum Rs 1000/-
    Staff/ Ex-Staff: No Charges

    12

    Baroda Personal Loan
    (including Baroda Premium Personal Loan)

    2% of Loan amount
    Minimum: Rs 1000/-
    Maximum: Rs 10,000/-

    13

    Baroda Pensioners Loan

    Pensioners/ Family Pensioners of our Bank (Ex-Staff) : Nil
    Others : Rs 1,000/-

    14

    Baroda Mortgage Loan:

    TL: 1%
    Minimum: Rs 8,500/- (Upfront) per property
    Maximum: Rs 1,50,000/-

    OD:

    Upto Rs 3.00 Crores: 0.35%
    Minimum: Rs 8,500/- (Upfront) per property
    Maximum: Rs 75,000/-

    Above Rs 3.00 Crores: 0.25%
    Minimum: Rs 8,500/- (Upfront) per property
    Maximum: No Limit

    15

    Baroda Education Loan

    Study in India - Nil

    Study Abroad - 1.00% of Loan amount (maximum Rs 10,000/-) to be recovered upfront which will be refundable on availment (first disbursement) of loan.

    Education Loan for students of Premier Institutions (studies in India): Nil

    Education Loan for Vocational Education and Training: Nil

    Career Development: 0.50%

    Notes:
    (a) A non refundable Lump sum amount Rs 8,500/- per property (towards Advocate and Valuer charges) to be taken upfront in case of all Education Loan accounts, wherever property is mortgaged.

    (b) No Mortgage creation charges for all types of Education Loans.

    16

    LABOD/ODBOD

    Nil

    17

    Future Rent Receivables

    0.50%

    Minimum: Rs 1000/-

    Maximum:
    Upto Rs 5.00 Crores: Rs 2.00 lakhs
    Above Rs 5.00 Crores and upto Rs 10.00 Crores: Rs 3.50 Lakhs
    Above Rs 10.00 Crores and upto Rs 20.00 Crores: Rs 5.00 Lakhs
    Above Rs 20.00 Crores: Rs 10.00 Lakhs

    18

    Modification Charges

    Upto Rs 1.00 Crores: Rs 5,000/-
    Above Rs 1.00 Crores upto Rs 10.00 Crores: Rs 15,000/-
    Above Rs 10.00 Crores: Rs 25,000/-

    19

    Deviation Charges

    Home Loans: Rs 1,500 per deviation (Maximum Rs 5,000)
    Education Loan: Nil

    Other Retail Loans: Rs 3,000 per deviation (Maximum Rs 10,000)

    20

    Commitment Charges in Mortgage Loan and Traders Loan (Overdraft facilities only)

    Minimum quarterly average utilization of sanctioned limits should be 60%.

    In case of quarterly average utilization of sanction limit is less than 60% of the sanction limit, interest in the account will be charged on minimum 60% of sanctioned limits on quarterly basis.

    21

    Mortgage Creation Charges

    Per borrowing entity with FB+NFB limits of

    Up to Rs 10.00 Lakhs: Rs 500/- per Lakh
    Above Rs 10.00 Lakhs & upto Rs 50.00 lacs: Rs 5,000/-
    Above Rs 50.00 Lakhs & upto Rs 100.00 Lakhs: Rs10,000/-
    Above Rs 100.00 Lakhs: Rs 15,000/-

    Mortgage creation charges as mentioned above will be recovered separately for Retail Loans, except Education Loans and Home Loans/ Home Improvement Loan and Top-up Loan.The charge specified is applicable per instance irrespective of the number of title deeds.

    The charges are applicable for extension of mortgage for enhancement and for substitution of title deeds also.

    The charge is applicable for extension of equitable mortgage recorded in favour of other lenders also.

  • Digital Banking Product Related Charges
    Product Particular Service Charges
    Service Charges through Digital Channels (excluding GST) Service Charges through Branch (excluding GST) w.e.f. 20.06.2019

    Internet Banking

    EPFO online collection/ ESIC online collection

    Rs 10/-

    IRCTC online TICKET BOOKING

    Rs 10/-

    PASSWORD PRINTING (charges on regeneration only, free for new user)

    Rs 25/- for Retail customer and Rs 50/- for Corporate customer

    IMPS

    upto Rs 1,000/-

    Rs 1/-

    Rs 2/-

    Rs 1,001/- to Rs 25,000/-

    Rs 1.5/-

    Rs 3/-

    Rs 25,001/- to Rs 2,00,000/-

    Rs 5.5/-

    Rs 10/-

    NEFT

    Revised w.e.f. 01.01.2020
    Other than SB accounts

    upto Rs 10,000/-

    Rs 2.25

    Rs 2.25

    Rs 10,001/- to Rs 1,00,000/-

    Rs 4.75

    Rs 4.75

    Rs 1,00,001/- to Rs 2 Lac/-

    Rs 14.75

    Rs 14.75

    Above Rs 2 Lac

    Rs 24.75

    Rs 24.75

    SB account -NIL

    BBPS

    Electronic OFF- US transactions (Customer Convenience Fee in Rs)

    Bill Amount Rs
    0-1000→ Rs 5/-
    1001-2000→Rs 15/-
    ≥2001→Rs 25

    Customer Convenience Fee in Rs for OFFLINE Physical transactions - All payment modes includes bank branches

    Bill Amount Rs
    0-1000→ Rs 5/-
    1001-2000→Rs 15/-
    ≥2001→Rs 25

    National E-toll Collection

    Tag Issuance Fee

    Rs 84.74/-

    National E-toll Collection

    Tag Replacement Charge

    Rs 50/-

    NACH

    Return Charges

    Mandate Charges

    Return Charges - Rs 250/- w.e.f. 01.10.2019

    Mandate - Rs 100/-

    Self Service Pass Book Printer

    Duplicate Passbook Issuance Charges

    Rs 100/-

    Debit Card Annual fee
    (w.e.f 20.07.2020)

    RuPay Classic (Non Personalised/ Personalised)

    1st Year Free & Second Year onwards Rs 150/-

    RuPay Platinum (Non-Personalised/Personalised)

    1st Year Free & Second Year onwards Rs 250/-

    RuPay Select debit card charges 1st Year Free & Second Year onwards Rs 300/-

    Visa Classic (Non Personalised/ Personalised)

    1st Year Free & Second Year onwards Rs 150/-

    Visa Platinum (Non Personalised/ Personalised)

    1st Year Free & Second Year onwards Rs 250/-

    Master Card Classic (Personalised)

    1st Year Free & Second Year onwards Rs 150/-

    Master Card platinum (Personalised)

    1st Year Free & Second Year onwards Rs 250/-

    Baroda VISA Vyapaar Business Card

    1st Year Free & Second Year onwards Rs 250/-

    RuPay PMJDY (Bhamashah/Samagra)

    Government Sponsored Schemes - Fee Exempted

    RuPay KCC

    RuPay Mudra

    Debit Card Issuance Fees(w.e.f 20.07.2020) RuPay Platinum (Non-Personalised/Personalised) ; Rs. 250/-
    Visa Platinum (Non Personalised/ Personalised) Rs. 250/-
    Master Card platinum (Personalised) Rs. 250/-

    Debit Card PIN Regeneration

    RuPay Classic (Non Personalised/ Personalised)

    Rs 50/- per regeneration

    RuPay Platinum (Non-Personalised/Personalised)

    RuPay Select debit card charges

    Visa Classic (Non Personalised/ Personalised)

    Visa Platinum (Non Personalised/ Personalised)

    Master Card Classic (Personalised)

    Master Card platinum (Personalised)

    Mastercard world Radiance (Personalised)

    RuPay PMJDY (Bhamashah/Samagra)

    Government Sponsored Schemes - Fee Exempted

    RuPay KCC

    RuPay Mudra

    Debit Card Other charges

    Charge - slip retrieval charges

    Rs 400/- per retrieval.

    IRCTC online TICKET BOOKING

    Rs 10/-

    Card Replacement (Master /Visa/Rupay/Visa Vyapaar Business Card)

    Rs 200/-

    ATM

    Number of Free OFFUS transactions

    Metro ATM-3, Non Metro-5

    ATM charges after free OFFUS transactions

    For Financial Transaction

    Rs 20/- per transaction

    For Non – Financial Transaction

    Rs 10/- per transaction

    Debit card Decline Penalty
    Fee/Penalty for decline of Debit Card Trasnactions due to insufficient fund in the account (ONUS & OFFUS Transactions) (w.e.f- 01.08.2020)
    Rs.20/- per declined transaction. (BSBD Accounts-Fee/Penalty Exempted)

    ATM International Usage Charges

    Cash Withdrawal

    For Classic variant : Rs 250/-
    For Platinum variant : Rs 450/-

    Balance Inquiry

    Rs 30/-

    Pre-paid Card

    Gift Card -Issuance : For amount up to Rs 2,000/-

    Rs 50/-

    Gift Card -Issuance : For amount Rs 2,001/- Rs 10,000/-

    Rs 100/-

    Gift Card -Revalidation charges

    Rs 100/-

    Gift Card -Card Usage Charges (Per balance Inquiry)

    Rs 10/-

    Reloadable card: Issuance charges

    Rs 100/-

    Reloadable card-Revalidation charges

    Rs 100/-

    Reloadable card -Other Service charges

    Rs 20/-

    Travel Card Issuance fees - USD/GBP/EURO

    Rs 150/-

    Travel Card Stand by card fees - USD/GBP/EURO

    Rs 150/-

    Travel Card Re load fees - USD/GBP/EURO

    Rs 55/-

    Travel Card- Replacement Card fee in case of lost/stolen card (post age extra) USD

    USD 3.0

    Travel Card- Replacement Card fee in case of lost/stolen card (post age extra) GBP

    GBP 2.0

    Travel Card- Replacement Card fee in case of lost/stolen card (postage extra) EURO

    EURO 2.0

    Travel Card- Chargeback fee USD

    USD 3.0

    Travel Card- Chargeback fee GBP

    GBP 1.5

    Travel Card- Chargeback fee EURO

    EURO 1.5

    Travel Card- ATM Withdrawal fee USD/GBP/EURO

    0.9% of Transaction value

    Travel Card- ATM Balance enquiry fee USD/GBP/EURO

    USD 0.5 /GBP 0.5 /EURO 0.5

    Travel Card- Refund of balance in the card account : USD/GBP/EURO

    Balance will be refunded after deducting INR 250/- . Foreign Currency Conversion taxes extra as applicable.

    Travel Card- Deduction on expired Card (EVERY 12MONTHS): USD/GBP/EURO

    USD 5.0 /GBP 3.0 /EURO 3.0

    Travel Card- Inactivity Fee (card not used for 180 days): USD/GBP/EURO

    USD 5.0 /GBP 3.0 /EURO 3.0

    Travel Card- Card sent by other Bank(If left behind at other bank's ATM or POS): USD/GBP/EURO

    USD 15.0 /GBP 10.0 /EURO 10.0

    Travel Card- New ATM Pin (sent to registered email ID): USD/GBP/EURO

    USD 3.0 /GBP 1.5 /EURO 1.5

    Travel Card- Usage(Cross Currency):

    3% of transaction value

    SMS Alerts Charges

    SMS Alerts Charges

    Savings Account – Rs 15 charged quarterly

    Current / Overdraft / Cash Credit Accounts – Rs 25 charged quarterly

  • Agriculture and Advances
    Sr. No. Area of Banking Service Revised service Charges
    (Excluding GST) w.e.f. 20.06.2019

    1.

    Processing Charges for Agriculture

    For Working Capital (Fresh/Review)
    Fund Based:
    Above Rs 3 lacs to Rs 10 Lacs - Rs 250/- Lac or part thereof +GST
    Above Rs 10 Lacs– Rs 350/lac or part thereof maximum Rs 35.00 Lacs (For exporters Rs 17.50 Lacs)

    Non Fund Based:
    50% of charges Applicable for Fund Based Limit (Cap for Priority Sector Rs 17.50 lacs and for exporters Rs 7.50 lacs

    For Term Loan (Fresh)
    Above Rs 3 Lacs - DL/TL 1% of the limit sanctioned with a maximum of Rs100 lacs (Cap for exporter- Rs 50 lacs)

    For Term Loan (Review)
    Above Rs 3 Lacs – Rs 60 per lac or part thereof with No Cap

    Note: Please note that any specific scheme related charges which is mentioned in the scheme specific circular remain in force and above charges are not applicable in those specific schemes of agriculture.

    2.

    Inspection charges for Agricultural Advances

    Above Rs 3 lacs to Rs 10 Lacs - Rs 250
    Above Rs 10 Lacs to Rs 1 Crore – Rs 1000
    Above Rs 1 Crore – Rs 5000

    In addition to the above actual conveyance and out of pocket exp. reimbursed to be recovered

    Note: Please note that any specific scheme related charges which is mentioned in the scheme specific circular remain in force and above charges are not applicable in those specific schemes of agriculture.

    3.

    Inspection Charges for crop loan

    Above Rs 3 lacs to Rs 10 Lacs - Rs 250
    Above Rs 10 Lacs to Rs 1 Crore – Rs 500
    Above Rs 1 Crore – Rs 1000

    In addition to the above actual conveyance and out of pocket exp. reimbursed to be recovered

  • Demat Charges

    Sr. No.

    Area of Banking Service

    Revised service Charges
    (Excluding GST) w.e.f. 20.06.2019

    1

    A/c Opening Charges

    Rs 500/- for Individuals and Rs 750 for Non Individuals
    (under revision)

    2

    DEMAT Annual Maintenance
    Charges

    General Customer:
    For Individuals-First year free for new accounts
    From second year onwards Rs 500/- p.a. plus
    For Non-individual - Rs 700/- plus
    BSDA customers:
    For Individuals - First year free for new accounts
    Thereafter no AMC to be levied if the value of holding is up to Rs 50,000/- during financial year.

    AMC will be charged at Rs 100/- plus GST only for the value of holding from Rs 50,001/- up to Rs 2,00,000/- during financial year.

    3

    Dematerlisation of shares

    Rs 5.00 per certificate with minimum of Rs 50/- plus actual postage plus

    4

    Re-materlisation

    NSDL Demat Account : Rs 10/- plus actual postage for every hundred securities or part thereof subject to maximum fee of Rs 5,00,000/- or a flat fee of Rs 10/- per certificate whichever is higher for NSDL Demat accounts. CDSL Demat Account : Rs 30/- plus per actual postage per ISIN

    5

    Transaction Charges

    General Customers : 0.04% of market value subject to minimum Rs 20/- per transaction.
    For Debt instruments and commercial papers 0.03% of market value subject to minimum Rs 20/- plus per transaction. BCML customers : Transaction charges at Rs 15/- plus per debit transactions

    6

    KYC registering Agency Charges
    (KRA charges)

    KRA charges @ Rs 40/- plus actual postage for new KYC data to be uploaded.
    KRA charges @ Rs 40/- plus per download will be applied.
    For modifications in KRA of the existing clients KRA charges @ Rs 30/- plus GST plus actual postage

    7

    Pledge Creation

    Rs 100/- per ISIN per request

    8

    Pledge Creation confirmation

    Rs 100/- per ISIN per request

    9

    Pledge Closure

    NIL

    10

    Pledge Closure Confirmation

    NIL

    11

    Pledge Invocation

    Rs 100/- per ISIN per request

    12

    Failed instruction Charges

    Nil

    13

    Other Charges

    • Additional A/c statement Rs 20/- per request.
    • Sign verification or any other certificate & freeze / unfreeze Rs 50/- plus per request.
    • One DIS booklet of 10 leaves free of
    cost at the time of A/c opening and thereafter subsequent DIS will be issued @ Rs 20/- per booklet of 10 leaves for General Customer.
    • Two DIS slips only will be issued at the time of account opening to BSDA customer.
    • Change of Address/ECS Rs 30/- plus per request.

    14

    Overdue Charges

    Interest @18% p.a. will be payable for payment of service charges after due date (under revision)

    15

    Transfer of Securities from one DP to another DP consequent to
    account closure

    Consequent to closure of account, no charges to be levied, when Beneficiary Owner (BO) transfers all the securities lying in this account to another Branch of the same DP or to DP of the same depository or another depository, provided the BO Accounts at transferee DP and at transferor DP are one and the same i.e. Identical in all respects.

    16

    Other Terms & Conditions

    a. Refund of AMC on closure of Demat account will be on quarterly basis( e.g. if account is closed in the month of July, refund of AMC will be applicable for remaining two quarters i.e. December & March of the financial year.
    b. The service’s not listed above will be charged separately.
    c. All the above charges are applicable uniformly to individuals. Non-individual except that AMC are different for individuals and Non –Individuals.
    d. The charges are subject to revision from time to time at Bank’s discretion.

    17

    Statutory Charges at the time of Account Opening

    Nil

    18

    Advance / Deposit

    Nil

  • POS CHARGES
    Sr. No. Area of Banking Service Revised service Charges
    (Excluding GST) w.e.f. 20.06.2019
    1

    Installation chrgs

    NIL

    2 Monthly charges BOBCARDS Services:
    QR Code: Rs 100
    M-POS: Rs 250
    POS: Rs 475
    Third Party Services:
    a) Sole acquiring:
    PSTN: Rs 450
    DGPRS (without battery): Rs 600
    GPRS (without battery): Rs 700
    b) Multi acquiring:
    DGPRS (without battery): Rs 450
    GPRS (without battery): Rs 500
    3

    MDR

    0

    4

    Debit card

    0

    Txn upto 1000

    NIL

    from 1000 to 2000

    NIL

    above 2000

    0.90%

    5

    Credit card

    0

    Standard
    (for all credit card & International Debit Card)

    1.99%

    premium

    1.99%

    super premium

    1.99%

    Diners & Discover Cards

    3%

    6

    Security Deposit

    1) GPRS Fixed/Wireless/ PC POS -Rs 10000/-
    2) PSTN: Rs 6000/-

    7

    Copy of Charge Slip

    0

    8

    Mark Up for International Txn

    0

  • ADVANCES (MID/ LARGE CORPORATE )

    Sr. No.

    Area of Banking Service

    Revised service Charges
    (Excluding GST) w.e.f. 20.06.2019

    1

    (A) Processing charges for FB & NFB Working Capital Loan

    FB & NFB Working Capital

    Amount/Status
    Up to Rs. 25000: NIL
    Above Rs. 25000 (Fresh/review): Rs. 350/Lakh or part thereof
    Cap for Priority Sector Rs. 35.00 Lakh
    Cap for Exporters Rs. 17.50 Lakh
    Other Advances No cap

    Same processing charges for FB and NFB facilities as proposed above

    (B) Processing charges for DL/TL/DPG/Corp Loan

    (Fresh/Additional Limit)
    1% of the limit sanctioned
    Cap for Exporters: Rs. 50 Lakh
    Cap for Priority Sector: Rs. 100 Lakh
    Other Advances: No cap

    (C) Processing charges for Real Estate Advances and Future Rent Receivables

    Real Estate Advances
    2% of the limit without cap

    Real Estate Advances under Future Rent Receivables
    Scheme (Greater than Rs. 20 Cr)

    2% of the limit without cap

    (D) Review/Annual Review of short Term loan /DL/Corporate Loan/TL/DPG

    (other than Retail Loan & Loan against Future Rent Receivables)
    0.10% without Cap

    (Above charges will also be applicable for review/rollover of Short Term Loan)

    (E) Processing charges for giving agreement in principle in respect of advances account.

    Upto Rs. 5 Crore– Nil
    Above Rs. 5 Crore to Rs. 10 Crore – Rs. 25000/-
    Above Rs. 10 Crore – Fee of Rs. 2 Lakh to be obtained upfront (non-refundable). (Other unified charges as applicable to be recovered on sanction)

    May be chargeable only when communicated in writing to the borrower

    (F) Commitment Charges
    (Fund based facilities)

    To be charged on the entire unutilized FB limit are as under w.e.f. 20.09.2019 till 13.08.2020:
    AAA & AA rated customers - 0.10% p.a.
    A rated customers - 0.20% p.a
    BBB rated customers - 0.30% p.a.
    BB and below rated customers - 0.40% p.a.
    (Fund based facilities)

    To be charged as under w.e.f 14.08.2020:
    No commitment charges to be levied in case average utilisation of limits are minimum 60% and above of limits on annual basis. Utilization shall be tested on annual basis as on year ending 31st March. However, if the average utilisation of limits is below 60% during the financial year, commitment charges will be levied as under:

    Parameters Charges
    For customers submitting QIS statements @ 0.75% (exclusive of GST) for the balance un–utilized portion viz-a-viz 60% of limits.
    For customers not submitting QISb statements @ 0.50% (exclusive of GST) for the balance un–utilized portion viz-a-viz total limits.

    Note: If the average utilisation of limits is 60% or above during the financial year, no commitment charges to be levied for both customers submitting QIS statements and customers not submitting QIS statements.
    At the time of closure of accounts, the commitment charges should be recovered on a proportionate basis.

    (G) Commitment Charges
    (Non-Fund based facilities)

    Commitment charges will be levied in case of non-utilization / under utilization of Non Fund based credit facilities with limits of Rs. 1 Crore and above @ 0.25% p.a for the unutilized portion.

    Where average utilization is 60% and above of the limit or as indicated in QIS statement, no commitment charges to be recovered separately.

    2

    Guarantees Commission oninland guarantees

    Whenever earmarking in the existing limits is done and /or a “Stand by Credit Assistance” is provided to any borrower to facilitate liquidation of Commercial Paper (CP) issued by that borrower, then a “Credit Enhancement Fee” of1.00%p.a. on the amount of “Standby Credit Assistance” is to be levied upfront.

    Performance Guarantee: 0.20% p.m
    Financial Guarantee:0.25% p.m

    (charges to be recovered for the period including claim period, if any, at the time of issue. Part of a month to be treated as a complete month)

    Where 100% cash margin (including FDR) is provided 25% of Normal charges as above is applicable.

    3

    Commission on Inland guarantees guaranteed by other banks / Letter of comfort

    In respect of high value guarantees > Rs. 5 cr. the charges may be recovered on an annual basis, at the request of the customer and subject to the branch being confident of recovery at the beginning of each year.

    4

    Refund for guarantees tendered for cancellation before the expiry date. Extended period of validity of guarantee due to restraints imposed by Court Orders at the instance of constituents from meeting their obligations to beneficiaries, when guarantees are invoked.

    REFUND FOR GUARANTEES ON CANCELLATION: 50% of the commission charged for the unexpired period from the original date of issue / date of extension (part of month in unexpired period, to be ignored)

    EXTENSION OF GUARANTEE: At the rates mentioned above in sr.no.2 calculated for the extended period (inclusive of claim period).

    5

    Documentation Charges

    (Fund Based only)

    For Corporate accounts above Rs. 1 Crore: 0.10% of limit with a maximum of Rs. 25,000/- to be charged in addition to actual expenses incurred.

    No documentation charges for LABOD/OD against bank’s own deposits, Loan against NSC, KVP, Govt. Securities & loan to staff members.

    Note: When to be charged
    New sanctions (Entire fund based limits including DPG, Usance LC an Financial Guarantees) At the time of obtaining the set of documents before disbursement.

    Review of a/c with existing limits
    No charge if no fresh / additional documents are obtained.

    Review with increased limits
    For the entire amount of reviewed limit.

    Ad-hoc limits - At the time of taking documents for ad-hoc limits.
    Obtaining LAD - No Charges

    Other Conditions : a) In respect of fresh sanctions / new accounts branches should invariably recover the charges as above in cash or debiting account.

    For issuance of No Objection Certificate or C.P.: Rs. 10,000/- per occasion (no levy where Bank recovers issuing & paying agent charges as IPA).

    6

    Charges for carrying out inspection of securities charged to the bank
    (for other than retail loans)

    To be charged w.e.f 20.09.2019 till 13.08.2020:

    Upto Rs. 5 Lakh: Nil
    Above Rs. 5 Lakh – Rs. 1 Crore – Rs. 1,000
    Above Rs. 1 Crore - Rs. 10 Crore – Rs. 5,000
    Above Rs. 10 Crore - Rs. 25,000 per location

    In addition to the above actual conveyance and out of pocket exp. reimbursed to be recovered.

    To be charged w.e.f. 14.08.2020:

    For accounts with limits upto Rs.10 Cr: No Change (existing charges to be continued)
    For accounts with limits of Above Rs.10 Cr: Rs.10,000+GST per location with a cap of Rs.2,00,000/-+GST per annum for all locations put together. In addition, actual conveyance and out of pocket expenses to be recovered.
    For accounts where Agencies for Specialized Monitoring (ASM’s) have been appointed: Flat Rs.25,000/- per annum + GST (irrespective of number of locations).

    7

    Bills purchased/ Discounted or advances there against –Exchange / Commission

    For cheques/ bills
    i) a) On instruments drawn on our Branches / other Banks where we have branches : Exchange @ 35paise% . plus Collection charges

    b) For instruments drawn on other Banks where we do not have branches: Exchange @77 Paisa % Plus collection charges

    Note: The above covers interest for 10 days for (a) & 14 days for (b).

    ii) a) On cheques/ bills returned unpaid penal interest
    @ 2% +(1 year MCLR + 6.50%) p.a. from 11th/15th day of purchase as the case may be till the date of reimbursement.
    b) Overdue interest to be charged @ 2% over the applicable rate (document rate) on cheques/bills from 11th/15th day of the case may be.
    NOTES

    1. Usual collection charges as applicable for the respective slab i.e. Section II-1 in case of cheques and Section II-3 in case of supply / purchase bills are to be levied in all cases in addition to interest.
    2. Collecting Banks’ charges, if any, should be recovered in full.
    3. When the bills are tendered for discount under the Bills Rediscounting scheme, besides collecting the discount at the prevailing rates, normal service charges like actual conveyance and actual out of pocket expenses reimbursed etc in sending the bills to SIDBI/IDBI also to be collected.
    4. “Date of actual reimbursement” means:
    5. Where a Bill is sent to our branch, the date on which funds are actually received at the Drawee Centre.
    6. Where Bills are sent to other Banks or where instruments are returned unpaid, the date of reversal of the B.P. entry at the purchasing branch.
    7. Change of original instruction in respect of Bills Purchase discounted – Rs. 50/- per request.

    Mentioned rates are also applicable to all segments.
    (HO:BR:111:203 dated 29.07.2019)

    8

    Charges for all inland L/Cs

    Unified charges (Commitment + Usance)

    Sight LCs and upto 30 days usance: 0.70%
    LCs beyond 30 days usance: 0.20% p.m (the period is to be calculated from the date of opening of LC to the last date of its validity + usance period of bill and part of a month should be construed as a completed month)

    Commitment Charges: Minimum Rs. 5000/-

    Extension /Amendment of LC
    Rs. 500/- per amendment plus unified charges applicable as per above for the extended period.

    Rs.500 per amendment. In case of enhancement of the value of a Letter of Credit, charges as per above for establishing a Letter of Credit shall be recovered for the additional amount, on the outstanding liability under the LC.

    Discrepancy fee: 0.15% Min. Rs. 500/- Max. Rs. 10000/

    Revolving Letter of Credit
    As above at the time of opening and on each reinstatement on the amount of reinstatement, period of reinstatement and usance period of bill.

    Note:
    1) Charges are to be recovered when a LC is opened or amended and no refund may be allowed in any circumstances whatsoever, whether a credit is cancelled, is only partly availed of or expired wholly unavailed of.
    2) Telex / Fax and cable charges shall be recovered additionally.
    3) While issuing a standby LC, service charges equivalent to commission on Financial or Performance Guarantee be recovered, according to the nature of the guarantee provided by the standby LC.

    Where 100% cash margin (including FDR) is provided 25% of Normal charges as above is applicable.

    9

    Other Charges A) Advising LCs
    (only where LC opening Bank and advising Banks are different)

    Rs.1,000

    B) Confirmation of LC (only where LC opening Bank and confirming Bank are different)

    No Change
    For addition of confirmation, 0.20% p.m. for the period of validity and usance on the amount of LC

    C) Transferable LCs

    For each transfer Rs. 500 (whether in full or part thereof)
    Where usance drafts are to be accepted, acceptance commission @ 0.10% p.m. to be charged; Min. Rs. 500

    D) Negotiation charges

    Rs. 1,000

    E) Clean payments received under LC

    Rs. 500

    F) Attestation of commercial invoices

    a) At the time of negotiation / collection – Nil
    b) Each subsequent occasion – Rs. 100 per invoice

    G) Guarantees due to discrepancies in documents

    For joining in customer’s guarantee or giving guarantees to other banks on behalf of customers, for discrepant documents negotiated under LC

    a) if payment is credited to beneficiary’s a/c. – 0.25% with a minimum of Rs. 500
    b) if not parted with – Rs. 500

    10

    Providing Credit opinion (including opinion & introduction)

    Rs. 500
    $ 100 in respect of foreign banks

    11

    Other Credit related Areas Allowing interchangeability within fund based limits,within non-fund basedfacilities andbetween fund based and non fund based limits.

    One time fee of 0.25% of the amount involved subject to maximum of Rs. 25,000/-

    12

    Issuing of NOC of all typeslike granting NOC for cedingparri passu charge, exclusive charge,2nd charge etc. (Not applicable in case of NOC / Exchange of parripassuletter in consortium accounts.)

    Rs. 25 lakhs and below - Rs. 1,000
    Above Rs. 25 lakhs to Rs. 10 crore - Rs. 10,000
    Above Rs. 10 crore - Rs. 20,000

    13

    Revision of Repayment schedule in respect of TL/DL

    No Charges

    14

    Fee for opening /operatingEscrow / TRA A/Cs. (Trust & Retention A/c.)

    Our share in limits:
    Upto Rs. 5 cr. – Rs. 1 Lakh
    Above Rs. 5 cr and upto Rs. 10 cr. – Rs. 2 Lakh
    Above Rs. 10 Cr. – Rs. 5 Lakh

    The captioned charges are applicable for opening/ pertaining ESCROW/ TRA A/Cs (Trust & Retention A/C) to be recovered per annum. Periodicity of collection of above fees is annual.

    15

    (A) Charges for TEV study
    (when report is not shared with the customer)

    Project cost:

    Up to Rs. 15 Crs.
    TEV study by bank – Rs. 1 Lakh
    TEV study by Consultant – Consultant fee + Rs. 25000

    > Rs. 15 cr and up to Rs. 300 cr - 0.05% of project cost – Min. Rs. 2 Lakh
    > Rs. 300 Cr ( Where TEV study is done by PFD)

    Fees to be decided on a Case to case basis

    (B) TEV Study
    (When report is shared with the customer)

    Project Cost:
    Up to Rs. 15 Cr:-
    TEV Study by bank- Rs. 3 Lakh
    By consultant—Consultant fee + Rs. 25000
    >Rs. 15 Cr and up to Rs. 300 Cr.- 0.15% of project cost
    >Rs. 300 Cr – TEV Study by PFD- case to case basis.

    (Consultant fee ceiling to be fixed by the authority , who approves empanelment of consultants)

    (C) Vetting / waiver of TEV Reports







    Out of pocket expenses for TEV study

    Vetting of TEV Reports:
    Where project cost > Rs. 300 cr. – Rs. 50000
    Waiver of TEV Study:
    (Wherever TEV study is waived by the competent authority)

    Upto Project cost Rs. 5 cr. – Nil
    Above Rs. 5 cr. – Rs. 50000 (charges to be recovered in addition to usual proc. Charges for addl. Risk taken by the Bank)

    All “out of pocket expenses” in addition to the TEV study charges are to be borne by the borrowers.

    16

    Mortgage Creation Charges
    (Other than retail and Priority sector)

    Per borrowing entity with FB+NFB limits of
    Below Rs. 1 .00 Crore - Rs. 5,000/-
    Above Rs. 1.00 crore to Rs. 10 Crore - Rs. 15,000/-
    Above Rs. 10 Crore - Rs. 25,000/-

    The charge specified is applicable per instance irrespective of the number of title deeds.

    The charges are applicable for extension of mortgage for enhancement and for substitution of title deeds also.

    The charge is applicable for extension of equitable mortgage recorded in favour of other lenders also.

    17

    Prepayment charges on Term Loan / Demand Loan / Working Capital Demand Loan

    At the rate of 2% p.a. on the balance amount of loan and for the residual period of prepayment except Retail Loan including Loan against Future Rent Receivables/Staff Loans.

    18

    Modification Charges

    To be charged w.e.f 20.09.2019 till 13.08.2020:
    Upto Rs. 1.00 Cr - Rs. 5000
    Rs. 1.00 to Rs. 10.00cr - Rs. 15000
    Above Rs. 10.00 cr - Rs. 25000

    To be charged w.e.f. 14.08.2020:
    For accounts with limits upto Rs.10 Cr: No Change (existing charges to be continued)
    For accounts with limits Above Rs.10 Cr: 0.01% of the sanction limit subject to a minimum of Rs.25,000/- (exclusive of GST) and maximum of Rs.10 lakhs (exclusive of GST).

    The charges shall be levied per instance of proposal submission and should be recovered only in respect of customer induced modifications and not on modifications in terms and conditions which were not discussed with/ accepted by the customer at the time of sanction/ review.

    Illustrative instances of Modification at the request of the borrower where this charge will be levied:-
    Substitution of Collateral
    Interchangeability of limits
    Release/ Substitution of Personal Guarantee/Collateral Security
    Change in Project/ items of machinery
    Ceding of charges on Assets
    Rephasement of Loans/ Deferment of Loan instalments
    Approvals for mergers & amalgamations
    Modification in Rate of Interest
    Any other miscellaneous credit related approvals

    19

    Revalidation of Sanction

    Working Capital - 25% of the applicable processing charges without Cap
    Term Loan - 25% of the applicable upfront charges without Cap

    Not applicable for Export Finance.

    20

    Lead Bank charges as Leader of Consortium on total assessed limits

    0.20% of the aggregate of Fund Based and Non Fund Based, subject to a minimum of Rs. 5 lakhs and maximum of Rs. 50 lakhs.

    This will be in addition to the processing charges

    21

    Charges for copy of the documents for submission to any statutory authority

    Actual photocopying charges + Rs.1000/-

    22

    Charges if presence of bank official is required along with the documents for photo copies

    Actual photocopying charges + Rs. 2000/- + Out of pocket expenses

    23

    Charges for cancellation of Bank’s lien on Government Securities / LIC Policies on closure of the Loan

    1. Within one month from the date of closure of the loan: at the rate of Rs. 100/- per instrument + Out of pocket expenses
    2. After one month from the date of closure of the loan: at the rate of Rs. 200/- per instrument + Out of pocket expenses

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